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Speaking of reading comprehension, of the $600 million/quarter you're referencing, nearly $200 million was from non-recurring items. >In Q1, we experienced non
by omgwtfbyobbq 7y ago
Speaking of reading comprehension, of the $600 million/quarter you're referencing, nearly $200 million was from non-recurring items.
>In Q1, we experienced non-recurring items that negatively impacted our net loss by $188 million.
https://ir.tesla.com/static-files/b2218d34-fbee-4f1f-ac95-050eb29dd42f https://ir.tesla.com/static-files/b2218d34-fbee-4f1f-ac95-05...
The drop in S/X deliveries from the updates to their production lines, discontinuation of the 75kWh pack, and the pull-forward from Q4 of last year due to the reduction in the US tax credit also reduced profits by ~$300-400 million.
Like I said, a single data point doesn't make a trend.